GhPageNewsNana Addo is the third highest paid President in West Africa

Nana Addo is the third highest paid President in West Africa

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According to a new report, President Nana Addo Dankwa Akufo-Addo is the third highest-paid head of state in West Africa.

According to the data first published by Business Insider Africa, Akufo-Addo makes an estimated US$76,000. This works out to roughly US$6,300 every month.

The president of Ghana is ranked 14th overall in the continent, which is headed by Paul Biya of Cameroon.

“One thing of concern is that the annual salaries of most leaders are well above the country’s GDP per capita or average wages. This is why many young citizens are curious to discover how much African leaders earn so that they can compare their pay packets with the average salaries and GDPs of other respective countries,” the report read in part.

Data used to determine the salaries were “scoured from country websites and data from organisations such as the International Monetary Fund and the CIA World Factbook,” the report added.

Here are the top five highest-paid African leaders

a. Paul Biya of Cameroon – US$620,976

b. King Mohammed IV of Morocco – US$488,604

c. Cyril Ramaphosa of South Africa – US$223,500

d. Uhuru Kenyatta of Kenya – US$192,200

e. Yoweri Kaguta Museveni of Uganda – US$183,216

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Source:Ghpage

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